Data Backup and Recovery Market size and forecast estimates from year 2017 to 2027 | Acronis, CA Technologies, Commvault, Dell, HPE, IBM, Microsoft, Netapp, Oracle, Veeam

Data backup and recovery is the process of backing up data in case of a loss and corrupt the data and setting systems that allow recovering the data. Growing demand for data security and safety concerns also increasing the adoption of cloud storage, raising demand for the data backup and recovery market. Increasing the data among various industry verticals such as government and public sector, BSFI, IT and telecom, and other needs backup and recovery solutions that propel the growth of data backup and recovery market.

The reports cover key developments in the data backup and recovery market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from data backup and recovery are anticipated to lucrative growth opportunities in the future with the rising demand for data backup and recovery in the global market.

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Leading Key Players profiles in this report includes, Acronis, CA Technologies, Commvault, Dell, HPE, IBM, Microsoft, Netapp, Oracle, Veeam

The importance of data backup and recovery is essential as equal to the amount of data create and store. The organization has very sensitive data due to viruses, and corruption of files may lose the data. To reduce this occurrence, enterprises are focusing on adopting the data backup and recovery solution, which drives the growth of the data backup and recovery market. However, cloud backup and recovery software hamper the growth of the market. A growing number of large and medium size of enterprises has huge data they need to be a store, backup, and recovery, henceforth increasing demand for the data backup and recovery market.

The global data backup and recovery market is segmented on the basis of component, application, deployment type, enterprise size, industry vertical. On the basis of component the market is segmented as software, services. On the basis of application the market is segmented as email backup, application backup, media storage backup. On the basis of deployment type the market is segmented as on-premises, cloud. On the basis of enterprise size the market is segmented as large enterprises, small and medium-size enterprises. On the basis of industry vertical the market is segmented as government and public sector, BFSI, IT and telecom, education, media and entertainment, others.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global data backup and recovery market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data backup and recovery market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

Reason to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global data backup and recovery Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the data backup and recovery Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Wednesday December 11 2019, 2:59 PM EST. All trademarks acknowledged. Filed under Business & Financial Services, Featured Press Release, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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